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Toyota files to build $2 billion assembly plant in Texas

The Japan Times·Nicholas Takahashi·18 days ago
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Toyota's manufacturing facility in San Antonio | BLOOMBERG Toyota Motor has filed for approval to build a new manufacturing facility in Texas, building on momentum in the U.S. as President Donald Trump pressures carmakers to bolster domestic production. The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming factory would create 2,000 new jobs, according to the document. The proposed expansion by the world’s biggest carmaker, which would establish a new assembly line alongside an existing truck factory, is part of a broader trend of global automakers seeking to manufacturing strategies around U.S. trade policy and shifting consumer demand. The move would deepen Toyota’s manufacturing footprint in its largest market at a time when Ford Motor, Nissan Motor and other rivals are retrenching.…

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